World News

Japan and the United States have confirmed a joint intervention to support the yen, which has fallen to 40-year lows. The Japanese Ministry of Finance stated the action addresses excessive volatility, with further measures possible. US President Donald Trump characterised the intervention as a sign of friendship and economic support.

Stock markets in Asia and Europe have declined sharply as the 2 April implementation of US tariffs on imports approaches, with Japan’s Nikkei index dropping nearly 4% and the UK’s FTSE 100 reaching a two-week low.

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